NOT LISTED FOR SALE

Estimated Value: $1,239,000 - $1,685,000

4 Beds
4 Baths
2,500 Sq Ft
$574/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $1,400,000 $560 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,592/month

13 Days on Market

About This Home

As of April 2022

Great INVESTMENT opportunity! Fourplex in Prime Culver City Location. Located on the corner of Elenda/Aletta across from prestigious Studio Estates! Each unit has 1 bed + 1 bath. Walking distance to award winning schools, parks, and Downtown Culver City with it's restaurants that offer trendy outdoor dining, proximity to Sony Studios, movie theaters, shops, Kirk Douglas Theater, and the Expo light rail. Upgrades include; Newer wall heaters in each unit, installed 3 years ago, copper plumbing, new gas lines with gas shut off valves, new sewer line and separated the sewer line to each unit. Mainline from the house to the street is new. Kitchens were remodeled with granite counter tops, new sinks and tile flooring. Detached 4-car garage.Agent Remarks: Please do not disturb the tenants! All appliances belong to tenants.

Last Agent to Sell the Property

Lee Amitai

Power Brokers License #01266054 Listed on: 02/11/2022

Co-Listed By

Roni Amitai

Power Brokers License #01061651

Last Buyer's Agent

Rania Suroor

Terra Conejo Properties Inc. License #01718118

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,314

Year Built

  • Built in 1949

Lot Details

  • 5,866

Parking

  • 4 Car Detached Garage

Home Design

  • 2,500 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,866 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4208-026-058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,314

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2500
  • Lot Acreage: 0.1347
  • Year Built: 1949
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 580.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached, Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 54.90
  • Assessed Improvement Value: 64754
  • Assessed Land Percent: 45.1
  • Assessed Land Value: 53201
  • Total Assessed Value: 117955
  • Assessor Parcel Number: 4208-026-058
  • Lot Size Area: 5866

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 1, 2022
Sold by
Leandra A Gonzalez Revocable Living Trus
Bought by
4J St Theresa Llc
Seller's Agent
Lee Amitai
Power Brokers
Buyer's Agent
Rania Suroor
Terra Conejo Properties Inc.
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Current Estimated Value
$1,434,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,441
Avg. Annual Appreciation
1.00%
Original Mortgage
$840,000
Outstanding Balance
$795,303
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$652,156

Purchase Details

Closed on
Jun 24, 2015
Sold by
Gonzalez Leandra Aguirre
Bought by
Gonzalez Leandra A and Leandra A Gonzalez Revocable Living Trus

Purchase Details

Closed on
May 5, 2014
Sold by
Gonzalez Leandra A
Bought by
Gonzalez Ramiro G and Gonzalez Leandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
4.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4J St Theresa Llc $1,400,000 Fidelity National Title
Gonzalez Leandra A -- None Available
Gonzalez Ramiro G -- Equity Title
Gonzalez Ramiro G -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leandra A Gonzalez Revocable Living Trust $840,000
Closed 4J St Theresa Llc $840,000
Closed Leandra A Gonzalez Revocable Living Trust $840,000
Closed 4J St Theresa Llc $840,000
Previous Owner Gonzalez Ramiro G $214,000
Previous Owner Gonzalez Ramiro G $175,000
Previous Owner Gonzalez Ramiro G $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $1,400,000 -3.4% $560 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,450,000 -- $580 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,314 $1,485,690 $891,414 $594,276
2024 $21,314 $1,456,560 $873,936 $582,624
2023 $20,449 $1,428,000 $856,800 $571,200
2022 $5,820 $120,314 $54,265 $66,049
2021 $5,610 $117,955 $53,201 $64,754
2020 $5,308 $116,747 $52,656 $64,091
2019 $5,240 $114,459 $51,624 $62,835
2018 $4,802 $112,215 $50,612 $61,603
2016 $4,140 $107,860 $48,648 $59,212
2015 $4,153 $106,241 $47,918 $58,323
2014 $4,085 $104,161 $46,980 $57,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-127155

The MLS

APN: 4208-026-058